Real Estate News - Maryland, Virginia, Washington DC

February 26th, 2011 7:58 AM

This week I placed offers on three properties, each of which had more than two offers.

If you are considering placing your house on the market anytime soon, I suggest doing it NOW.  Do what you have to do to take advantage of this hot spring market.

If you are a buyer get your financials in order and submitted to your lender.  You must be prepared to write an offer for a property when you find one you want.

This does not mean that you can't be aggressive or clever with your offers.  Find out what is important to the sellers before submitting your offer. 

For example: My client placed an offer on a house on February 24th.  He wants to buy before prices go up, but prefers not to close until later.  I did some research and discovered that the seller is a teacher.  We gave the seller the option to close and move out now; close and have a post settlement occupancy agreement or close later. 

Keep in mind when accepting or placing an offer on a property knowing what terms the other party desires may be the key to success and thousands of dollars in savings.


Posted by Carolyn Thompson on February 26th, 2011 7:58 AMPost a Comment (0)

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